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FAREVA

Tosno industrial zone in the Leningrad Region has inaugurated Interfil LLC's cosmetic production facility. Fareva Group of France has invested circa RUB 350m into creation of cosmetic aerosol production facility of the company's Russian business unit. Currently, the production capacity stands at circa 25 m units of aerosols p.a. and is to be increased to 150 m units p.a. in five years. The investment volume would be approximately comparable with investments into startup of the first production stage.

12 October 2016

TASS

Investor

18.0 mln

Jobs: 300

Leningrad Region

Investor profile

Fareva Group, including its Interspray business unit, is one of cosmetic majors with a turnover of EUR 250 m. Fareva cooperates with famous cosmetic producers such as Chanel, Lancome, Cartier, Dior, Yves St. Laurent, Hugo Boss, Azzarro, Bulgari, etc. Fareva cooperates with Vision to produce the Millennium Alliance exclusive cosmetic line.